MUMBAI: HEG is probably at an inflection point. The manufacturer of graphite electrodes, a material used in electric arc steel furnaces, is set to benefit from a gradual turnaround in global steel demand. Increasing popularity of electric arc furnaces where the electrodes are used also augurs well for the company. At present, 30% of steel.. read more →

PTI reported that TATA Steel will begin production from its greenfield plant at Kalinganagar in Odisha from the last quarter of next fiscal. R TV Narendran MD of TATA Steel told PTI “Kalinganagar project is going on. It will start production from the fourth quarter of next fiscal.” The Kalinganagar project, which will essentially produce.. read more →